Barclays posts strong FY24 results with FY25 guidance aligning with forecasts. Cost efficiency progress offsets challenges.

Q4 2024 Earnings Call Transcript February 13, 2025 C.S. Venkatakrishnan: Good morning. It’s good to see you all this year.

CFO Anna Cross stated that Barclays achieved its £1 billion gross efficiency savings target for 2024, resulting in a cost-to-income ratio of 62%, better than the 63% guidance. The structural hedge ...

--The results will be affected by Barclays's integration of Tesco Bank, which was completed on Nov. 1. Citi calculates that the deal will drive a one-off 500 million-pound gain and a 200 million-pound ...

The bank has warned that some customers ... The message said Barclays was working to correct the user's balance to ensure it shows all payments and the issue was "taking longer than we'd like ...

Barclays Bank’s deposit accounts have competitive ... It pays 4.25% to 4.50% APY, depending on your account balance. Yet neither offers ATM access or any cool features, such as an organizer ...

Investing.com -- The Bank of England (BoE) is expected to take a measured ... However, despite some MPC members pushing for a ...

The bank said it would “ensure that no customer is left out of pocket” after some people were left seeing an outdated balance or faced issues receiving and making payments. Barclays’ UK boss ...

The Treasury Committee, a cross-party group formed of 11 members, wrote to banks including Barclays, HSBC, Lloyds and Nationwide on Monday.

An IT failure led to days of disruption for Barclays customers earlier this month (John Stillwell/PA) A group of MPs has asked the bosses of nine banks to reveal the scale of recent IT failures ...

THOUSANDS of Barclays customers could receive compensation after a huge service outage left them unable to access their ...